Genesis Tier List for JUNE WEEK #1 🐒 TIER 1: N/A TIER 2: 🟢 SIYA → Tilting more towards Tier 1. This is basically a boyfriend companion app with existing pmf; 500k users, 1.5k paid users, $1m ARR. The key in these types of companies is the check unit economics; they make $720 from a paid user per year but how much does it cost them to acquire a user; if this number is $200, this is a great business. Regardless, I like this team – the founder has a very strong background, self-doxxed himself to me and has been very transparent. Waiting to get more information from them. We will also do a spaces together. 🟢 BOUNTY → Tilting more towards Tier 3 as one of the top 5 projects from the Virtuals Hackathon. The core team members don’t have much clout on X which concerns me about their ability to cook on X. The problem they’re trying to solve is what Kaito/Cookie3 has already been solving so I’m not entirely clear about their value proposition. Waiting to get more information from the team including their doxxed Linkedin profiles. TIER 3: 🟡 ASYNC → The team have self-doxxed themselves to me and their background looks OK but the product sounds too jargonish. We might potentially have a spaces where we can dive deeper into their backgrounds and the problem they’re trying to solve with the product. 🟡 ERM —> As an ex-web3 gaming degen, I got put off when I see the terms Metaverse and Sandbox. Gaming/metaverse not only has no pmf/demand in web3 but it also costs much more to operate a metaverse project rather than a DeFi/AI one as you need creative/art people to constantly create content. That said there are things I like; the founder is fully doxxed & fully committed and has been grinding in CT. They raised VC funding but VC allo is very small and they plan not to launch another token. 🟡 PBT → Waiting to get more information from the team. The parent company’s X account is followed by a few chads. Ecommerce typically doesn’t have any intersection with crypto but let’s see. 🟡 MOZAIQ → Tilting more towards Tier 4 – waiting to get more information from the team. They have self declared they will airdrop 1% to $VADER stakers and 1% $VIRGEN stakers. 🟡 LIB → Tilting more towards Tier 4 – waiting to get more information from the team. TIER 4: 🔴 JARVIS, AIKAT, TIP, V11N, 0XMETA, VCHAT This is a preliminary analysis – projects might be downgraded or upgraded until their TGE based on new information. The list will be updated as new projects get listed. I don’t accept any advisory positions or private allocations from projects launching on Genesis to protect my neutrality. I host Spaces with >Tier 3 projects who agree to airdrop 1% of their token supply to $VADER stakers. None of this is financial advice. DYOR.